Loan Comparison: 2.85% vs 6.5%
24751 152nd, Brighton, CO 80603 · 4bd/3ba · $899,999
List Price
$899,999
Assumable Rate
2.85%
Remaining Balance
$470,688
Equity Gap
$428,269
Loan Type
FHAAdjust Your Scenario
$45,000
$45,000$428,269
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.85% (FHA)
Blended Rate: 5.39%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,404/moAssumable @ 2.85% + gap loan
$4,894/moAssumed loan: $1,947/mo
Gap financing: $2,947/mo
$511less per month with the assumable
Your Savings on This Property
24751 152nd, Brighton · 2.85% FHA vs 6.5% conventional
$511
per month
$6,127
per year
$183,817
over 30 years
$182,775
interest saved
How gap financing works: The equity gap ($428,269) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($45,000, 5% of purchase price) and a second mortgage for the rest ($383,269 at 8.5%). Even with two payments, the blended cost is typically much lower than a new conventional loan. We work with lenders who specialize in assumption gap financing.
🏠
Back to This Listing
View photos, details, and request a showing for 24751 152nd.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.